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Statement reconciliation in large corporations

April 4, 2023
April 4, 2023

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Q. I am curious if there are any tips and tricks out there for handling statement recons in large corporations. I was able to find an IOFM article from 2021 and everyone seems to be in the same position we are in. This is a "when you can get to it task" for my team and it is very manual. Since each vendor statement is different, we are not able to apply any automation. A. (Answered by the IOFM Advisory Panel. We provide a cross section for consideration of different practices of member…

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